The battle for control of China Vanke, the mainland’s largest property developer, has become an all-out war as the company’s largest shareholder has filed a motion to remove chairman Wang Shi and nearly all of the company’s board. The move by Baoneng Group, which Wang denounced as “barbarians” when it began buying up shares in Vanke last year, could see the developer’s pioneering founder sacked in a rare hostile takeover.

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